$575,000
SOLD DEC 17, 2024
3 Beds
1 Bath
1,160 Sq Ft
5,400 Sq Ft Lot

Recently Sold

$496 Per Sq Ft

17% Below List Price

34 Days on Market

Highlights

  • Craftsman Architecture
  • No HOA
  • Laundry Room
  • Wood Flooring
  • Breakfast Area or Nook
  • Gated Home

About This Home

As of December 2024

Historic South Los Angeles California Craftsman Home, 3 bedrooms, 1 bathroom. Perfect fixer for the owner-builder or investor as this home sits on an approximate 5400 square foot lot, Zoned R2, with a potential opportunity to expand and build an ADU. This property is gated and has a long driveway for off street parking. Schedule your showing today to view this rare gem. A remarkable value with excellent curb appeal in such a prime location with proximity to downtown Los Angeles,10 freeway, USC, LATTC, FIDM, peppered by posh restaurants, retail shops, museums, and some of L.A.'s most iconic street food vendors.

Last Agent to Sell the Property

Scott Butler

Bedrock Real Estate Group License #01846093 Listed on: 10/22/2024

Last Buyer's Agent

Scott Butler

Bedrock Real Estate Group License #01846093 Listed on: 10/22/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $474

Year Built

  • Built in 1905

Lot Details

  • 5,400 Sq Ft Lot
  • Lot Dimensions are 40x135
  • South Facing Home
  • Gated Home
  • Wrought Iron Fence
  • Property is zoned LAR2

Parking

  • Driveway

Home Design

  • Craftsman Architecture
  • Cosmetic Repairs Needed
  • Fixer Upper
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1,160 Sq Ft Home
  • 1-Story Property
  • Dining Area
  • Alarm System

Kitchen

  • Breakfast Area or Nook
  • Oven or Range

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Gas Dryer Hookup

Utilities

  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5113-019-018

Home Details

Home Type

Single Family

Est. Annual Taxes

$474

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Craftsman
  • Levels: One
  • Street Number Display: Yes
  • Advertising Remarks: Historic South Los Angeles California Craftsman Home, 3 bedrooms, 1 bathroom. Perfect fixer for the owner-builder or investor as this home sits on an approximate 5400 square foot lot, Zoned R2, with a potential opportunity to expand and build an ADU. This property is gated and has a long driveway for off street parking. Schedule your showing today to view this rare gem! A remarkable value with excellent curb appeal in such a prime location with proximity to downtown Los Angeles,10 freeway, USC, LATTC, FIDM, peppered by posh restaurants, retail shops, museums, and some of L.A.'s most iconic street food vendors.
  • Entry Location: Other
  • Living Area: 1160
  • Lot Acreage: 0.1240
  • Lot Dimensions: 40x135
  • Probate: No
  • Property Condition: Repair Cosmetic, Fixer
  • Stories: 1
  • Year Built: 1905
  • Number Of Photos: 5
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Carpet, Wood
  • Bedrooms: 3
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area, Breakfast Area
  • Laundry: Outside, Laundry Area, Inside
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Gas Dryer Hookup, Alarm System, Refrigerator, Range/Oven
  • Price Per S Q F T: 543.10

Exterior Features

  • Direction Faces: South
  • Other Structures: Other
  • Tennis Court Y/N: No
  • Foundation Details: Raised
  • Fence: Wrought Iron
  • Pool: No
  • Roof: Composition
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway, Garage - 2 Car

Utilities

  • Heating: Wall
  • Security: Gated

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5113-019-018
  • Lot Size Area: 5400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2024
Closed on
Dec 2, 2024
Sold by
Pupofaus Antonia and Patricia Tate Living Trust
Bought by
Ocean Development Inc
Seller's Agent
Scott Butler
Bedrock Real Estate Group
Buyer's Agent
Scott Butler
Bedrock Real Estate Group
List Price
$693,750
Sold Price
$575,000
Premium/Discount to List
-$118,750
-17.12%
Views
32
Current Estimated Value
$582,613

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,613
Avg. Annual Appreciation
1.90%
Original Mortgage
$465,000
Interest Rate
6.72%

Purchase Details

Closed on
May 25, 2018
Sold by
Tate Patricia
Bought by
Tate Patricia and The Patricia Tate Living Trust

Purchase Details

Closed on
Nov 13, 2015
Sold by
Tate Patricia
Bought by
Tate Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
3.65%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Jul 19, 2014
Sold by
Cooper Edna
Bought by
Tate Patricia and Edna Cooper Trust
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $575,000 First American Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Lawyers Title
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $982,000 New Conventional
Closed $465,000 No Value Available
Closed $517,000 New Conventional
Previous Owner $750,000 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $412,500 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $238,500 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $54,650 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2024 12/17/24 Sold $575,000 -8.7% $496 / Sq Ft
11/25/2024 11/25/24 Pending -- -- --
11/19/2024 11/19/24 Price Changed $630,000 -3.8% $543 / Sq Ft
11/02/2024 11/02/24 Price Changed $655,000 -5.6% $565 / Sq Ft
10/22/2024 10/22/24 For Sale $693,750 -- $598 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $474 $575,000 $480,000 $95,000
2024 $474 $25,894 $15,831 $10,063
2023 $468 $25,387 $15,521 $9,866
2022 $450 $24,890 $15,217 $9,673
2021 $438 $24,403 $14,919 $9,484
2019 $5,689 $297,571 $210,089 $87,482
2018 $3,593 $291,737 $205,970 $85,767
2016 $3,509 $280,411 $197,973 $82,438
2015 $345 $21,982 $13,439 $8,543
2014 $355 $21,552 $13,176 $8,376
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-455599

The MLS

APN: 5113-019-018